Aurubis AG (NDA) Given a €83.00 Price Target by Nord/LB Analysts

Aurubis AG (ETR:NDA) has been given a €83.00 ($97.65) target price by Nord/LB in a report released on Thursday. The firm currently has a “buy” rating on the stock.

A number of other analysts have also recently issued reports on NDA. Warburg Research set a €84.00 ($98.82) price objective on Aurubis AG and gave the company a “buy” rating in a research report on Thursday, August 10th. Kepler Capital Markets set a €90.00 ($105.88) price objective on Aurubis AG and gave the company a “buy” rating in a research report on Tuesday. Independent Research GmbH set a €72.00 ($84.71) price objective on Aurubis AG and gave the company a “neutral” rating in a research report on Friday, August 11th. Berenberg Bank set a €71.50 ($84.12) price objective on Aurubis AG and gave the company a “neutral” rating in a research report on Friday, August 11th. Finally, Baader Bank set a €74.00 ($87.06) price objective on Aurubis AG and gave the company a “neutral” rating in a research report on Thursday, August 10th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company. Aurubis AG currently has a consensus rating of “Hold” and a consensus price target of €69.88 ($82.21).

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Aurubis AG (ETR:NDA) opened at 71.355 on Thursday. Aurubis AG has a 52 week low of €46.10 and a 52 week high of €76.98. The company has a market capitalization of €3.20 billion and a PE ratio of 9.568. The company’s 50-day moving average price is €71.98 and its 200 day moving average price is €64.75.

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Aurubis AG Company Profile

Aurubis AG is a Germany-based company engaged in the production of primary copper and precious metals, the recycling of secondary raw materials and the processing of copper into final products. Its product portfolio comprises rod and specialty wire, such as cast rod, directly cast, oxygen-free copper rod and a variety of drawn products; shapes; industrial rolled products; architectural solutions for surfaces and facades; bars and profiles for the electro-technical industry; cathodes; precious metals, such as gold and silver, which are extracted from copper concentrates and secondary raw materials; sulfuric acid, iron silicate, selenium, and recycled copper, precious metal and other non-ferrous metal products.